Chinese Authorities Arrest
Former Citic Vice Chairman

BEIJING -- China has arrested the former vice chairman of China International Trust & Investment Corp. -- the country's largest trust company -- for embezzlement, the state-run Xinhua News Agency reported Tuesday.

Citic Vice Chairman Jin Deqing has been removed from his post and arrested by authorities for embezzling "tens of millions" yuan in company funds, the report said. Mr. Jin also served as the chairman of Ka Wah...